Nikola reports production figures and financial losses in fourth quarter results

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US truck manufacturer Nikola Motor recently reported its fiscal 2022 results, with sales amounting to $50.8 million and losses totalling $784 million. The fourth quarter of 2022 saw revenues of $6.56 million, a significant drop from the third quarter’s $24.2 million, with losses of $222.1 million, says the company. Production ...

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